Indian startup funding, ranked against your mandate. Every number links back to its sources.
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Last 7 days · Aarav — Bengaluru family office
33 dealsUnique funding rounds announced in this window, after merging duplicate reports of the same round.·$322M raisedSum of the amounts that were disclosed. 1 rounds did not say how much they raised and add nothing here.
0 watchlist hits6 adjacent raises around your tracked companiesmarket temperature 80/100
2026-10-13 → 2026-10-19 vs 2026-10-06 → 2026-10-12Every change shown (▲/▼) compares this window with the previous window of the same length. Last brief sent 2026-10-19 01:13 UTC.
Market pulseMarket-wide numbers for all Indian startup funding we track, not just your mandate. Hover any label for what it measures; ▲/▼ compare with the previous window of the same length.
How Indian startup funding moved in this window
DealsUnique funding rounds announced in the window. Several articles about one round count once.
33
▲ 3%Change versus the previous window of the same length. Green = moving the good way, red = the bad way, grey = neutral.Last 12 weeks, one point per ISO week. The dashed end is the current, unfinished week.
Watchlist hitsRounds raised by companies on this profile's watchlist. Each one also triggers an alert.
0
— 0Change versus the previous window of the same length. Green = moving the good way, red = the bad way, grey = neutral.Last 12 weeks, one point per ISO week. The dashed end is the current, unfinished week.
Capital and deal count
Last 12 weeks · bars = disclosed capital, line = deals · * = current partial week
Sample size: n = 271Weekly totals use ISO weeks. Capital counts disclosed amounts only; rounds without an amount still count as deals.
Market temperature
This window vs the trailing 8 weeks · 50 = normal
Where capital went
Box size = disclosed capital · green = more deals than last window, red = fewer, grey = flat · outlined = your core sectors
Sample size: n = 33Sectors with only undisclosed rounds get a small box so they stay visible. Click any sector for its page.
Capital by stage
Disclosed capital this window
Sample size: n = 32Early = angel to pre-Series A; Series A–B; Late = Series C and beyond; Other = debt, bridge and unnamed rounds.
$322M
disclosed
Early$28.5M
Series A–B$89.9M
Late$10.5M
Other$193M
Geography
Deals by city · gradient = your primary cities
Sample size: n = 2211 deals did not report a city.
73%Share of this window's deals (with a reported city) based in your primary cities: Bengaluru, Delhi-NCR, Mumbai.of deals in your primary cities
Bengaluru11 · 50%
Your portfolioTracked companies are a simulated portfolio of real startups, used to test adjacency detection; no ownership is implied. The watchlist is companies and investors you asked us to follow.
Raises around your tracked companies and on your watchlist
Startups that raised around your tracked companies · circle size = amount
Sample size: n = 6Tracked companies are a simulated portfolio: real startups used to test adjacency detection, with no relationship implied. Each raise was shortlisted by vector similarity, then judged by Gemini; hover a circle for the reason, click for the source.
DealsEvery deal gets a 0–100 relevance score for the selected profile. Hover a score ring for its tier; open a row for the full scorecard and sources.
Ranked against Aarav — Bengaluru family office's mandate
Highest-scoring rounds · click any deal for its full scorecard
Sample size: n = 30Scores run 0–100: sector, stage, cheque size, tracked investors, geography, recency and ecosystem significance, plus overrides for watchlist and adjacency.
91Relevance 91/100 for this profile. Act now: scores 80+ (or forced up by a watchlist or adjacency override). Worth a look this week. Open the row for the breakdown.
Total capitalSum of disclosed round sizes in US dollars (rupee amounts converted at that day's rate). 1 undisclosed rounds are not counted.
$322M
▲ 28%Change versus the previous window of the same length. Green = moving the good way, red = the bad way, grey = neutral.Last 12 weeks, one point per ISO week. The dashed end is the current, unfinished week.
Median chequeThe middle round size of the 32 deals with a disclosed amount. Less distorted by one mega-round than the average.
$5.8M
▲ 223%Change versus the previous window of the same length. Green = moving the good way, red = the bad way, grey = neutral.Last 12 weeks, one point per ISO week. The dashed end is the current, unfinished week.
Market temperatureOne number for how busy the market is versus the last 8 weeks: 50 = normal, above 60 = hot, below 40 = cool. Built from deal count, capital, early-stage share and breadth.
80/100
▲ 9Change versus the previous window of the same length. Green = moving the good way, red = the bad way, grey = neutral.Last 12 weeks, one point per ISO week. The dashed end is the current, unfinished week.
Adjacency alertsStartups that raised and were judged related to one of your tracked (simulated) companies: competitors, same-layer players, suppliers, customers or complements.
6
▼ 3Change versus the previous window of the same length. Green = moving the good way, red = the bad way, grey = neutral.Last 12 weeks, one point per ISO week. The dashed end is the current, unfinished week.
Active investorsDistinct investors (funds, angels, corporates) that joined at least one round in the window.
121
▲ 46%Change versus the previous window of the same length. Green = moving the good way, red = the bad way, grey = neutral.Last 12 weeks, one point per ISO week. The dashed end is the current, unfinished week.
Sample size: n = 8Deal count and capital weigh 35% each; early-stage share and breadth (1 − top-3 share) 15% each. Each driver is a z-score against the previous 8 weeks.
80/100
Hot
What's driving it
Deal countNumber of rounds versus the 8-week norm. +1σ = one standard deviation busier than usual. Weight 35%.+1.7σ
CapitalDisclosed capital versus the 8-week norm. Weight 35%.+0.3σ
Early-stage shareShare of rounds that are angel to pre-Series A, versus the norm. Weight 15%.+0.3σ
BreadthHow evenly capital is spread across rounds (1 − top-3 share). Higher = less dominated by a few big rounds. Weight 15%.+2.7σ
Sector heat
Ranked by capital · ▲/▼ deal count vs last window
Sample size: n = 33Gradient bars are your core mandate sectors.
Sample size: n = 184Shows capital moving between early and late rounds week by week.
Deal sizes
Distribution this window · median $5.8M
Sample size: n = 321 undisclosed deals are not shown. The dashed line marks the median bucket.
Mumbai3 · 14%
Delhi-NCR2 · 9%
San Francisco2 · 9%
Shillong1 · 5%
Chennai1 · 5%
Coimbatore1 · 5%
Goa1 · 5%
Capital concentration
Share of capital taken by the 3 largest rounds
Sample size: n = 32When one mega-round dominates, averages mislead. Dashed line: 8-week baseline.
31%
vs 63% baseline
Patterns this week
Passed all 3 gates · W42
HistorySample size: n = 23A pattern fires only with enough deals, a large enough effect and enough weeks of history. Suppressed detectors are listed on the methodology page.
Pre-seed cheques inflating×2
Median Pre-seed round was $782K this week (n=4) vs $600K over the prior 8 weeks (n=17), +30.3%.
Median Pre-seed round was $782K this week (n=4) vs $600K over the prior 8 weeks (n=17), +30.3%. Confidence: weak signal; 2 weeks in a row.
Growth share of capital down×2
Growth took 0% of priced capital this week vs 11.6% over the prior 8 weeks (-11.6 pp).
Growth took 0% of priced capital this week vs 11.6% over the prior 8 weeks (-11.6 pp). Confidence: weak signal; 2 weeks in a row.
Endiya Partners enters B2B SaaS
Endiya Partners backed Shamrock AI, its first B2B SaaS deal in 14 weeks of data, after 3 deals elsewhere.
Endiya Partners backed Shamrock AI, its first B2B SaaS deal in 14 weeks of data, after 3 deals elsewhere. Confidence: emerging.
AdGraam: unusually small Seed round
AdGraam raised $316K, 2.9σ below the typical Seed × AI Applications round (n=10, log scale).
AdGraam raised $316K, 2.9σ below the typical Seed × AI Applications round (n=10, log scale). Confidence: emerging.
Bengaluru share of deals up
Bengaluru hosted 12 of 22 city-reported deals this week (54.5%) vs 39.5% over the prior 8 weeks (+15.1 pp).
Bengaluru hosted 12 of 22 city-reported deals this week (54.5%) vs 39.5% over the prior 8 weeks (+15.1 pp). Confidence: emerging.
Capital spread more broadly
The three largest rounds took 32.7% of this week's $336.7M priced capital vs a 68% average over the prior 8 weeks (-35.3 pp).
The three largest rounds took 32.7% of this week's $336.7M priced capital vs a 68% average over the prior 8 weeks (-35.3 pp). Confidence: strong.
3 adjacent raises around Sarvam AI
1 adjacent raise around Bizongo
1 adjacent raise around Rupifi
1 adjacent raise around Khatabook
Same layerSupplierCustomerComplement· circle size = amount raised · hover for why · click for source
Same layerSame layer: a different product competing for the same budget or position in the stack.
RapidCanvas→ Sarvam AI$29.0M · Series B
Both offer enterprise AI platforms and agent deployment solutions, competing for the same enterprise digital transformation budget line.
ComplementComplement: works alongside the tracked company; a possible partner.
The/Nudge→ Khatabook$15.0M · Grant
The fundraising company drives digital adoption for Indian MSMEs, expanding the market for the tracked company's merchant accounting software without competing.
Sample size: n = 6Competitor = same product for the same customer; same layer = different product competing for the same budget. Tracked companies are a simulated portfolio.
1BizongoSupply Chain & Logistics · B2B commerce1 same layer
0Even HealthcareHealthtech · managed carequiet
1KhatabookB2B SaaS · SME bookkeepingadjacent only
1RupifiFintech · embedded financeadjacent only
3Sarvam AIAI Applications · foundation models1 same layer
0The Whole Truth FoodsD2C & Commerce · packaged foodquiet
Watchlist
No watchlist company raised in this window
Sample size: n = 0
Latest activity on your watchlist
Ultrahumanlast raised 3 Sept · Growth · $70 Mn
Zetwerklast raised 24 Jul · Pre-IPO · $52 Mn
CoRoverno round seen yet
Dukaanno round seen yet
FarMartno round seen yet
RapidCanvas🔴 Act nowAct now: scores 80+ (or forced up by a watchlist or adjacency override). Worth a look this week.$29.0M· Series B· AI Applications· Bengaluru· 16 OctSame layer as Sarvam AI (tracked company) · Bengaluru, primary geography · 63th pct cheque for Series B (all sectors) (n=20); investor tier 100th pct (Accel India); 6 sources
✓ 6 sourcesVerified: 6 independent publications reported this round and agree on the key facts.Economic Times Tech — Startups ↗+5
✓ 6 sourcesVerified: 6 independent publications reported this round and agree on the key facts.
RapidCanvas provides an AI platform combining AI agents with human expertise to help enterprises build and deploy custom AI applications.
Sector fitAI Applications → enterprise AI platform relates to applied AI24/30
Stage fitSeries B, adjacent to mandate10/20
Cheque fit$29M, within ±50% of $500K–$20M5/10
Tracked investorAccel India (existing), tracked
89Relevance 89/100 for this profile. Act now: scores 80+ (or forced up by a watchlist or adjacency override). Worth a look this week. Open the row for the breakdown.RevRag AI🔴 Act nowAct now: scores 80+ (or forced up by a watchlist or adjacency override). Worth a look this week.$2.5M· Seed· AI Applications· Bengaluru· 14 OctCustomer to Sarvam AI (tracked company) · AI Applications → multilingual AI agents matches vernacular AI and agents · Seed, in mandate✓ 2 sourcesVerified: 2 independent publications reported this round and agree on the key facts.Inc42 ↗+1
✓ 2 sourcesVerified: 2 independent publications reported this round and agree on the key facts.
RevRag AI builds multilingual AI agents that operate within the apps of banks, lenders, fintech and insurtech companies as digital relationship managers.
Sector fitAI Applications → multilingual AI agents matches vernacular AI and agents
87Relevance 87/100 for this profile. Act now: scores 80+ (or forced up by a watchlist or adjacency override). Worth a look this week. Open the row for the breakdown.Shamrock AI🔴 Act nowAct now: scores 80+ (or forced up by a watchlist or adjacency override). Worth a look this week.$5.0M· Seed· B2B SaaS· Shillong· 15 OctComplement to Sarvam AI (tracked company) · Seed, in mandate · $5.0M, within $500K–$20M✓ 3 sourcesVerified: 3 independent publications reported this round and agree on the key facts.Entrackr ↗+2
✓ 3 sourcesVerified: 3 independent publications reported this round and agree on the key facts.
Shamrock AI builds an agentic assurance platform to help enterprises deploy and test AI agents across critical business processes.
Sector fitB2B SaaS → agentic assurance relates to compliance tech
82Relevance 82/100 for this profile. Act now: scores 80+ (or forced up by a watchlist or adjacency override). Worth a look this week. Open the row for the breakdown.Parallel Loop🔴 Act nowAct now: scores 80+ (or forced up by a watchlist or adjacency override). Worth a look this week.$6.6M· Seed· AI Applications· 14 OctSeed, in mandate · 3one4 Capital (lead), tracked✓ 3 sourcesVerified: 3 independent publications reported this round and agree on the key facts.Entrackr ↗+2
✓ 3 sourcesVerified: 3 independent publications reported this round and agree on the key facts.
Parallel Loop is an AI operating partner that works with mid-market and large enterprises to integrate AI into their existing technology, organisational context, and workflows.
77Relevance 77/100 for this profile. High: scores 60–79. A strong fit with this mandate. Open the row for the breakdown.Confido Health🟠 HighHigh: scores 60–79. A strong fit with this mandate.$12.5M· Series A· Healthtech· 14 OctSeries A, in mandate · $13M, within $500K–$20Mdisputed: amountSources disagree on: amountEconomic Times Tech — Startups ↗+3
disputed: amountSources disagree on: amount
Confido Health develops artificial intelligence (AI) agents that automate administrative tasks for healthcare providers.
72Relevance 72/100 for this profile. High: scores 60–79. A strong fit with this mandate. Open the row for the breakdown.CapGrid🟠 HighHigh: scores 60–79. A strong fit with this mandate.$4.9M· Series A· B2B SaaS· 16 OctSame layer as Bizongo (tracked company) · Series A, in mandate · $4.9M, within $500K–$20Msingle sourceOnly one publication has reported this round so far. Treat the numbers as provisional until a second source confirms.Entrackr ↗
single sourceOnly one publication has reported this round so far. Treat the numbers as provisional until a second source confirms.
CapGrid is an AI-powered platform serving manufacturing industries such as automotive, agricultural equipment, aerospace, and electric vehicles.
72Relevance 72/100 for this profile. High: scores 60–79. A strong fit with this mandate. Open the row for the breakdown.The Stack🟠 HighHigh: scores 60–79. A strong fit with this mandate.$2.3M· Seed· D2C & Commerce· Goa· 14 OctSeed, in mandate · $2.3M, within $500K–$20M✓ 2 sourcesVerified: 2 independent publications reported this round and agree on the key facts.Entrackr ↗+1
✓ 2 sourcesVerified: 2 independent publications reported this round and agree on the key facts.
The Stack develops science-backed supplements using globally sourced ingredients that have been clinically studied.
Sector fitD2C & Commerce → supplements brand relates to personal care
69Relevance 69/100 for this profile. High: scores 60–79. A strong fit with this mandate. Open the row for the breakdown.Foundry🟠 HighHigh: scores 60–79. A strong fit with this mandate.$1.3M· Pre-seed· D2C & Commerce· Delhi-NCR· 14 OctPre-seed, in mandate · $1.3M, within $500K–$20M✓ 5 sourcesVerified: 5 independent publications reported this round and agree on the key facts.Economic Times Tech — Startups ↗+4
✓ 5 sourcesVerified: 5 independent publications reported this round and agree on the key facts.
Foundry is a consumer technology company developing premium home and kitchen appliances using proprietary, patent-pending technology.
69Relevance 69/100 for this profile. High: scores 60–79. A strong fit with this mandate. Open the row for the breakdown.Clueso🟠 HighHigh: scores 60–79. A strong fit with this mandate.$10.0M· Series A· AI Applications· San Francisco· 13 OctSeries A, in mandate · $10M, within $500K–$20M✓ 4 sourcesVerified: 4 independent publications reported this round and agree on the key facts.Inc42 ↗+3
✓ 4 sourcesVerified: 4 independent publications reported this round and agree on the key facts.
Clueso provides an AI-powered platform that helps businesses create and update videos for marketing, customer education, onboarding, training and internal operations.
65Relevance 65/100 for this profile. High: scores 60–79. A strong fit with this mandate. Open the row for the breakdown.Formial Labs🟠 HighHigh: scores 60–79. A strong fit with this mandate.$303K· Pre-seed· Healthtech· Bengaluru· 15 OctPre-seed, in mandate · Bengaluru, primary geography✓ 2 sourcesVerified: 2 independent publications reported this round and agree on the key facts.GNews: startup raises crore ↗+1
✓ 2 sourcesVerified: 2 independent publications reported this round and agree on the key facts.
Formial Labs is a doctor-led personalised prescription skincare startup.
Sector fitHealthtech → personalised prescription skincare relates to care delivery
63Relevance 63/100 for this profile. High: scores 60–79. A strong fit with this mandate. Open the row for the breakdown.Mesa School of Business🟠 HighHigh: scores 60–79. A strong fit with this mandate.$11.5M· Series A· Edtech· Bengaluru· 13 OctSeries A, in mandate · Elevation Capital (lead), trackeddisputed: amountSources disagree on: amountEconomic Times Tech — Funding ↗+6
disputed: amountSources disagree on: amount
Mesa School of Business runs residential business and entrepreneurship education programmes built around experiential learning.
62Relevance 62/100 for this profile. High: scores 60–79. A strong fit with this mandate. Open the row for the breakdown.Spill Games🟠 HighHigh: scores 60–79. A strong fit with this mandate.$10.5M· Series A· Gaming· Bengaluru· 14 OctSeries A, in mandate · Elevation Capital (lead), tracked✓ 3 sourcesVerified: 3 independent publications reported this round and agree on the key facts.Economic Times Tech — Startups ↗+2
✓ 3 sourcesVerified: 3 independent publications reported this round and agree on the key facts.
Spill develops free-to-play casual, puzzle, and hybrid-casual mobile games for global markets.
Accel IndiaLast seen on a round 16 Oct (in RapidCanvas).Peak XV PartnersLast seen on a round 16 Oct (in RapidCanvas).3one4 CapitalLast seen on a round 14 Oct (in Scimplify).All In CapitalLast seen on a round 14 Oct (in RocketPay).Blume VenturesLast seen on a round 14 Oct (in Confido Health).Elevation CapitalLast seen on a round 14 Oct (in Spill Games).Together FundLast seen on a round 14 Oct (in Confido Health).Prime Venture PartnersLast seen on a round 7 Oct (in Desible.ai).India QuotientLast seen on a round 25 Aug (in Utsav App).Stellaris Venture PartnersLast seen on a round 20 Aug (in Peeko).
Ecosystem significance63th pct cheque for Series B (all sectors) (n=20); investor tier 100th pct (Accel India); 6 sources14.6/18
Override · Same layer as Sarvam AI (tracked company)+25
Raw 90.5 × confidence 1Points from the rows above, multiplied by how sure we are of the facts (fewer sources or disputed fields lower it), then capped at 100.Score 90.5
30/30
Stage fitSeed, in mandate20/20
Cheque fit$2.5M, within $500K–$20M10/10
Tracked investorNo tracked investor0/12
Geography fitBengaluru, primary geography5/5
RecencyAnnounced 5 days ago1.4/5
Ecosystem significance41th pct cheque for Seed × AI Applications (n=11); investor tier 39th pct (Accion Ventures); 2 sources7.6/18
Override · Customer to Sarvam AI (tracked company)+15
Raw 89 × confidence 1Points from the rows above, multiplied by how sure we are of the facts (fewer sources or disputed fields lower it), then capped at 100.Score 89
Override · Complement to Sarvam AI (tracked company)+15
Raw 87.4 × confidence 1Points from the rows above, multiplied by how sure we are of the facts (fewer sources or disputed fields lower it), then capped at 100.Score 87.4
Sector fitAI Applications → enterprise AI integration relates to applied AI
24/30
Stage fitSeed, in mandate20/20
Cheque fit$6.6M, within $500K–$20M10/10
Tracked investor3one4 Capital (lead), tracked12/12
Geography fitCity not reported0/5
RecencyAnnounced 5 days ago1.4/5
Ecosystem significance77th pct cheque for Seed × AI Applications (n=11); investor tier 100th pct (3one4 Capital); 3 sources15/18
Raw 82.4 × confidence 1Points from the rows above, multiplied by how sure we are of the facts (fewer sources or disputed fields lower it), then capped at 100.Score 82.4
Healthtech → AI staffing for healthcare relates to health SaaS
24/30
Stage fitSeries A, in mandate20/20
Cheque fit$13M, within $500K–$20M10/10
Tracked investorTogether Fund (existing), tracked4/12
Geography fitCity not reported0/5
RecencyAnnounced 5 days ago1.4/5
Ecosystem significance93th pct cheque for Series A × Healthtech (n=7); investor tier 96th pct (Blume Ventures); 4 sources17.1/18
Raw 76.5 × confidence 1Points from the rows above, multiplied by how sure we are of the facts (fewer sources or disputed fields lower it), then capped at 100.Score 76.5
18/30
Stage fitSeries A, in mandate20/20
Cheque fit$4.9M, within $500K–$20M10/10
Tracked investorNo tracked investor0/12
Geography fitCity not reported0/5
RecencyAnnounced 3 days ago2.9/5
Ecosystem significance25th pct cheque for Series A (all sectors) (n=54); investor tier 100th pct (Nexus Venture Partners); 1 source8.5/18
Override · Same layer as Bizongo (tracked company)+25
Raw 71.7 × confidence 0.85Points from the rows above, multiplied by how sure we are of the facts (fewer sources or disputed fields lower it), then capped at 100.Score 71.7
Raw 71.6 × confidence 1Points from the rows above, multiplied by how sure we are of the facts (fewer sources or disputed fields lower it), then capped at 100.Score 71.6
Raw 69.3 × confidence 1Points from the rows above, multiplied by how sure we are of the facts (fewer sources or disputed fields lower it), then capped at 100.Score 69.3
Sector fitAI Applications → AI video platform relates to applied AI24/30
Stage fitSeries A, in mandate20/20
Cheque fit$10M, within $500K–$20M10/10
Tracked investorNo tracked investor0/12
Geography fitSan Francisco, other city1/5
RecencyAnnounced 6 days ago0.7/5
Ecosystem significance50th pct cheque for Series A × AI Applications (n=10); investor tier 97th pct (Y Combinator); 4 sources13.3/18
Raw 69 × confidence 1Points from the rows above, multiplied by how sure we are of the facts (fewer sources or disputed fields lower it), then capped at 100.Score 69
Raw 65.2 × confidence 1Points from the rows above, multiplied by how sure we are of the facts (fewer sources or disputed fields lower it), then capped at 100.Score 65.2
Sector fitEdtech → business education (unrelated to core or watch sectors)0/30
Stage fitSeries A, in mandate20/20
Cheque fit$12M, within $500K–$20M10/10
Tracked investorElevation Capital (lead), tracked12/12
Geography fitBengaluru, primary geography5/5
RecencyAnnounced 6 days ago0.7/5
Ecosystem significance66th pct cheque for Series A (all sectors) (n=54); investor tier 99th pct (Elevation Capital); 5 sources14.9/18
Raw 62.6 × confidence 1Points from the rows above, multiplied by how sure we are of the facts (fewer sources or disputed fields lower it), then capped at 100.Score 62.6
0/30
Stage fitSeries A, in mandate20/20
Cheque fit$11M, within $500K–$20M10/10
Tracked investorElevation Capital (lead), tracked12/12
Geography fitBengaluru, primary geography5/5
RecencyAnnounced 5 days ago1.4/5
Ecosystem significance61th pct cheque for Series A (all sectors) (n=54); investor tier 99th pct (Elevation Capital); 3 sources13.5/18
Raw 61.9 × confidence 1Points from the rows above, multiplied by how sure we are of the facts (fewer sources or disputed fields lower it), then capped at 100.Score 61.9
Financial result: reported revenue or profit figures.